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Nov 14, 2012
11/12
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how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the only financial services representation there is american express. no other bank was invited to this meeting. as soon as these guys and gals start walking out, we'll bring you some interview
how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture...
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Nov 13, 2012
11/12
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CNN
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boehner and minority leader nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. who along with alan simpson created the simpson-bowles plan on deficit reduction. i have to start by asking you, did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided not to back, you had an increase in the federal gasoline tax. caps on mortgage interest. charitable donations and retirement contributions. these were all tough choices you made. you also increased the eligibility age for medicare and social security. reduced benefits for wealthier seniors. some of those things i've heard democrats and republicans say they agree on, others they loathe them. is there anything that should b
boehner and minority leader nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. who along with alan simpson created the simpson-bowles plan on deficit reduction. i have to start by asking you, did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows,...
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Nov 11, 2012
11/12
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john boehner has said they will not increase tax rates on anyone. they will put revenue on the table. maybe there is a middle ground for they cannot have their rates go up. >> you're seeing that shift in town right now of republicans talking about this in terms of the loophole closings and that kind of thing. the question is when you do that, do you do that at the end of the year as part of this fiscal cliff package? two-part to do it next year as part of the tax reform deal? that is where the rub is going to be right now. i do not think anybody has figured out when you do these revenue increases. >> we have only heard from the leaders. speaker john boehner had mixed success on getting the rank and file republicans. do we know what they're reading of the election is ta? >> we will find out next week when members of both the house and senate come back to washington. it is already clear the most conservative members of the house do not see a need to move on taxes and maybe do not see a need to move on this bigger issue of revenue. if they're able to s
john boehner has said they will not increase tax rates on anyone. they will put revenue on the table. maybe there is a middle ground for they cannot have their rates go up. >> you're seeing that shift in town right now of republicans talking about this in terms of the loophole closings and that kind of thing. the question is when you do that, do you do that at the end of the year as part of this fiscal cliff package? two-part to do it next year as part of the tax reform deal? that is...
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Nov 13, 2012
11/12
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MSNBC
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john boehner wants to find common ground. and even sean hannity is trying to shift to the middle. >> we have to get rid of the immigration issue all together. it's simple. you control the border first. you create a pathway for those that are here. you don't say you have to go home. and that's a position i have evolved on. because you know what, it's got to be resolved. the majority of people here, some have criminal records, you can send them home. but if they are law-abiding, kids are born here, first secure the border, pathway to citizenship, done. whatever little penalties you want to put in there. then it's done. >> pathway to citizenship, done. where was all this talk before the election? you see this is all about getting votes. it's not coming from the heart. reforming immigration policy is a huge risk for the republicans. they could alienate their base. there's no guarantee they will win the latino vote in the long run. let's turn to ruy teixeira. great to have you with us. >> delighted to be here. >> you predicted thi
john boehner wants to find common ground. and even sean hannity is trying to shift to the middle. >> we have to get rid of the immigration issue all together. it's simple. you control the border first. you create a pathway for those that are here. you don't say you have to go home. and that's a position i have evolved on. because you know what, it's got to be resolved. the majority of people here, some have criminal records, you can send them home. but if they are law-abiding, kids are...
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Nov 16, 2012
11/12
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FOXNEWS
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not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. jon: a fox news alert now on a deadly train crash at a parade honoring our nation's heroes. the images from midland, texas, where police say a freight train slammed into a parade float carrying wounded veterans. four people were killed. more than a dozen others injured. casey seeing fell live in midland, texas, with more on this tragedy. casey? >> reporter: yeah, jon, union pacific railroad spo
not the president who is the problem it's john boehner's lack of control of his own party. jon: you hear john boehner telling the president to show some leadership. >> i hope he goes to his caucus and is able to corral them. >> if you want economic growth you lower taxes. jon: julie and monica, thank you. >> thank you. jon: and we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it...
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Nov 10, 2012
11/12
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do you think john boehner and you know john boehner, the speaker of the house, do you think he can do with this present what gingrich and clinton did back in the '90s after the president was re-elected? >> well, i do. i think it's essential that he also understand his own caucus and i think when the election is done, remember they were trying to defeat the president. that has failed. so it's incumbent upon them now to realize there's per i will avoiding the message of the voters because the voters have spoken. also the senate democrats picked up seats across the country. now they're one region. so they're clear about that. and the president's always going to be open to different ideas, but not change the goals. and the goal is not just an economic strategy based on austerity, but one that is pro-growth, pro-middle class, that allows job creation while you're bringing fiscal discipline to washington. it's not one or the other, it's both. and obviously john boehner is wanting to work with the president. he's already expressed some opening to go that. it's going to take a while to get th
do you think john boehner and you know john boehner, the speaker of the house, do you think he can do with this present what gingrich and clinton did back in the '90s after the president was re-elected? >> well, i do. i think it's essential that he also understand his own caucus and i think when the election is done, remember they were trying to defeat the president. that has failed. so it's incumbent upon them now to realize there's per i will avoiding the message of the voters because...
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Nov 12, 2012
11/12
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the question is, this is -- i think a lot of it is on john boehner and mitch mcconnell. can they say to the base of the party, we need to make this deal. it is good for us politically. it is good for the country policy wise, and we need to move on, or do the grovers of the world win out? >> david, thank you very much. chris cillizza. coming up, more fallout from the david petraeus situation. we'll talking to david ignatius. hey sis, it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. over time, the other premium pac can leave cloudy, hard water deposits, but cascade complete pacs help leave glasses sparkling. shiny! too bad it doesn't work on windows. okay, i'm outta here. more dishwasher brands in north america recommend cascade. in north america is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a l
the question is, this is -- i think a lot of it is on john boehner and mitch mcconnell. can they say to the base of the party, we need to make this deal. it is good for us politically. it is good for the country policy wise, and we need to move on, or do the grovers of the world win out? >> david, thank you very much. chris cillizza. coming up, more fallout from the david petraeus situation. we'll talking to david ignatius. hey sis, it's so great to see you. you, too! oh, cloudy glasses....
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Nov 16, 2012
11/12
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the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort of automatic cuts that we see as a sequester, and the tax increases and have a mechanism you can replace them with. listen to the congressional leaders in their photo op in the white house before thanksgiving that they had today. >> we've put revenue on the table, as long as it's accompanied by significant spending cuts. >> we have a cornerstones of being able to work something out. we're both going to have to give up some of the things that we know are a problem. >> we should have a goal in terms of how much deficit reduction. we should have a deadline before christmas. >> we fully understand
the most interesting thing, though, from the boehner aide was that john boehner believes there is not enough time from now until the end of the year to actually have a grand bargain. there's enough time, though, to put together the framework for what a grand bargain would look like. essentially have the top lines agreed to that by sometime in 2013 you could have both the chambers, the senate and the house, come together on some substantial tax reform, entitlement reform, and get rid of the sort...
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Nov 14, 2012
11/12
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FBC
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john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and concluded i think incorrectly that there is a huge amount of resources. i think that is untrue. >> a dozen of ceos meet with the president and a couple of hours from now after the president's news conference at 1:30. a number of these executives have been to the white house before. members of the export council, jobs council, ceo of of ge, tao, ford, also say what the white house on the different councils in some form or another. cheryl: we will be taken the tae news conference from the president lives and the ceo will have something to chew on afterwards. thank you very much. dennis: might get a little awkwa
john boehner about a year and a half ago stopped about 800 alien dollars worth of revenue through tax reform. republicans won't give a number now but they want tax reform and an overhau overhauled the entirm to generate new revenue. there was talk about this yesterday with treasury secretary commissioner who said to that idea pretty much forgot about it. >> there is a lot of magical thinking about how much money can raise from tax adventures. people will look at that question and...
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Nov 8, 2012
11/12
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CSPAN
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we will start with harry reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a republican majority. if there was a mandate, it is a mandate for us to find a way to work together on the solutions to the challenges we all face as a nation. my message today is not one of confrontation, but one of conviction. mr. president, this is your moment. we are ready to be led. not as democrats or republicans, but as americans. we want you to lead as president of the united states of america. we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's do the right thing together for our country. host: ron, you are up
we will start with harry reid and move on to john boehner. [video clip] >> they are tired of partisan gridlock. i have one goal, to be obama. obama was reelected overwhelmingly. republicans want us to work together. democrats want us to work together. they want to reach a balanced approach to everything, but especially the situation we have with the huge deficit. taxes are a part of that. >> the american people have spoken. they have reelected president obama, and every elected a...
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Nov 16, 2012
11/12
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CURRENT
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now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing 16. israel has also begun moving troops toward the border and called up 30,000 reservists, muscle flexing to raise the specter of a ground invasion. president obama called benjamin netanyahu to pledge his support and morsi to assert israel's right to condemn itself and president morsi did not agree. saying today and i quote... >> eliot: to discuss the growing violence in gaza, i'm joined by our good friend, recently re-elected congressman jerry nadler of new york. sir, always a pleasure to have you on the show. >> good to be here. >> eliot: this is an escalation and a moment of tension that's unparall
now, if only john boehner grover norquist and the rest of the mathematically challenged members of the g.o.p. would adjust their focus >> eliot: for the second day in a row violence has escalated. yesterday, israel in response to a reported 1,000 rocket attacks from gaza, this year killed ma has leader jabari. in retaliation hamas fired over 270 rocket into israel killing three. israel responded by bombing suspected rocket launching sites as well as other suspected terrorist sites killing...
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Nov 10, 2012
11/12
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FOXNEWS
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coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. see what's new from campbell's. seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. >> laura: in the unresolved problem segment tonight, the danger of moving to the middle. that's the subject of this evening's talking points memo. i received a call today from a reporter asking me if mitt romney lost because of talk radio and the tea party. and whether the g.o.p. had to soften its views to appeal to women
coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. see what's new from campbell's. seems they haven't been moving much lately. but things are starting to turn around because...
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Nov 10, 2012
11/12
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FOXNEWS
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coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and unlock tight muscles. for up to 16 hours of relief, try thermacare. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ me it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >> laura: in the unresolved problem segment tonight, the danger of moving to the middle. that's the subject of this evening's talking points memo. i received a call today from a reporter asking me if mitt romney lost because of talk radio and the tea party. and whether the g.o.p. had to soften its views to appeal to women and
coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to...
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Nov 9, 2012
11/12
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CNBC
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to listen to the remarks earlier today of john boehner. this is sort of -- if it were a test question, it would be compare and contrast. let's listen to mr. boehner. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know from ernst and young it would slow down our economy. >> he's saying the problem with raising tax rates. the minute you start to hear speaker boehner talking about raising taxes and not following it up with that word "rates," that means the deal is maybe getting a little further away. as long as he is talking about the problem being raising tax rates, i think you can see a path to a deal still here. >> john? >> i agree with that. i think that's exactly the point. that's why boehner said "rates," and it is why obama said "revenue." they're feeling their way toward a way to have a conversation, not easy. we've seen for the last two years it is not easy. but the climate is better now than it was before the election. >> all right. folks, thank you very
to listen to the remarks earlier today of john boehner. this is sort of -- if it were a test question, it would be compare and contrast. let's listen to mr. boehner. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know from ernst and young it would slow down our economy. >> he's saying the problem with raising tax rates. the minute you start to hear speaker boehner talking about raising taxes and not...
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Nov 10, 2012
11/12
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coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. i was having trouble getting out of bed in the morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. do you toss and turn? wake up with back pain? if so, call us now. you'll learn how the sleep number bed helps relieve back pain by allowing you to adjust the firmness and support to conform to your body for a more proper spinal alignment. just look at this research... ® 93% of participants experienced back-pain relief. plus it's a great value because it costs about the same an innerspring yet lasts twice as long. so if you want to sleep better or find relief for your bad back, call now. call the number on your screen for your free information kit with dvd brochure and price list. call now and we'll include a free $50 savings card. call now for your free information and this free $50 savings card. call now! >> laura: in the unresolved problem segment tonight, the danger of moving to
coming up next, is house speaker john boehner caving into the president? a special talking points memo is ahead. i was having trouble getting out of bed in the morning because my back hurt so bad. the sleep number bed conforms to you. i wake up in the morning with no back pain. do you toss and turn? wake up with back pain? if so, call us now. you'll learn how the sleep number bed helps relieve back pain by allowing you to adjust the firmness and support to conform to your body for a more proper...
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Nov 9, 2012
11/12
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FOXNEWS
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. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given where our economy is. >> is it on the table to talk about it -- the wealthier americans -- >> i made it clear yesterday, raising tax rates is unacceptable and it couldn't even pass the house. >> i would like a real republican party to am come back because the democrats need to have their feet held to the fire, also. but you need to have -- [overlapping dialogue] >> you can't have crazies running a party. on both sides. >> by the way, california is where we are head audio california is almost, folks, a microcosm of where the country is headed. >> i mean if they are balkanized out there, it's a bunch o
. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given...
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Nov 15, 2012
11/12
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MSNBC
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house speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world. >> national journal reports wisconsin congressman and former vp hopeful paul ryan will remain house budget committee chairman after being granted a gop waiver to avoid being term limited out of that spot. >>> senate majority leader harry reid lashed out at massachusetts senator scott brown mocking brown's calls for bipartisanship as a joke, describing brown as one of the most partisan senators ever to serve. >>> we now know which political office may be sought by another member of the bush family, george p. bush. his father, former florida governor jeb bush, confirms in a letter to potential donors that
house speaker john boehner was easily re-elected to the post on wednesday with the exception of one vote, texas congressman nominated former speaker newt gingrich. it would have been perfectly legal but no one seconded the nomination. his fellow texan congressman ron paul gave part one of the farewell speech as he prepares to retire at year's end. >> sadly, many religious groups, secular organizations and psychopathic authoritarians endorse government initiated force to change the world....
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Nov 12, 2012
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>> speaker john boehner on friday, appeared to give a little ground, suggesting that limits on tax deductions could be part of a deal, something that senior obama adviser, david axelrod, said was a step in the right direction. >> i think the speaker's comments have been encouraging. and obviously, there's money to be gained by closing some of these loopholes and applying them to deficit reduction. so, i think there's a lot of ways to skin this cat, so long as everybody comes with a positive, constructive attitude toward the task. >> axelrod also pointed out that exit polling from the election showed 60% of the american agreed with raising taxes on the highest earners. >>> there's a renewed focus on immigration policy, following a presidential election that saw a growing divide between republicans and the hispanic community. now, two senators on opposite sides of the aisle says they're confident they can push through reform. chuck schumer and lindsey graham are revisiting a plan they proposed together back in 2010. >> i think we have a darn good chance, using this blueprint, to get something d
>> speaker john boehner on friday, appeared to give a little ground, suggesting that limits on tax deductions could be part of a deal, something that senior obama adviser, david axelrod, said was a step in the right direction. >> i think the speaker's comments have been encouraging. and obviously, there's money to be gained by closing some of these loopholes and applying them to deficit reduction. so, i think there's a lot of ways to skin this cat, so long as everybody comes with a...
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Nov 12, 2012
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. >> reporter: but house speaker john boehner rejects any hike in tax rates. he would raise revenues by closing loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: failure to agree by the end of the year would trigger deep spending cuts and tax cuts. that could mean $2,000 more in taxes for the typical household. the jobless rate soaring to 9.1% by the end of the year. and possibly, another recession. boehner and the president were close to a deal last year. the so-called grand bargain, 4 trillion in debt reduction. many think that blueprint still works. >> and the real problem is, uncriminaled entitlement spending and a government that has grown massively. not just under this administration. >> reporter: experts warn of serious damage to the economy, if the standoff drags on. >> three or four weeks from now, they're making no progress at all, you're going to see the anxiety and the nervousness growing in the markets and the corporate board rooms. >>> two weeks after the destr
. >> reporter: but house speaker john boehner rejects any hike in tax rates. he would raise revenues by closing loopholes in the tax code. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> reporter: failure to agree by the end of the year would trigger deep spending cuts and tax cuts. that could mean $2,000 more in taxes for the typical household. the jobless rate soaring to 9.1% by the end of the year. and possibly, another...
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Nov 9, 2012
11/12
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CSPAN
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john boehner will do things a little bit differently. we had some major conflict between john boehner and eric cantor. that her what a lot were trying to do. we talk to republicans who were frustrated by that. there is tension between the members, tension between staff. at one point they had to have a press conference or they put their arms around each other. that shows you the needed to show it. maybe some people did not buy it. this time we are hearing the staffs are working better and the members are doing better. they came up with a game plan because they have to be united. they actually have to lead the republican congress. they have to turn it round. host: christian science monitor -- here is your headline. let's listen to what harry reid had to say yesterday. [video clip] >> it is better to dance than to fight. it is better to work together. everything does not have to be a fight. that is the way it has been the past couple of years. everybody should comprehend, especially my senate friends, legislation is the art of compromise an
john boehner will do things a little bit differently. we had some major conflict between john boehner and eric cantor. that her what a lot were trying to do. we talk to republicans who were frustrated by that. there is tension between the members, tension between staff. at one point they had to have a press conference or they put their arms around each other. that shows you the needed to show it. maybe some people did not buy it. this time we are hearing the staffs are working better and the...
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Nov 13, 2012
11/12
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look, while they won't say publicly, they all said the political reality is that john boehner is not in the same position to negotiate with the president that he was before. he lost seats. the president won a second term, and the central argument in this campaign was exactly this issue. so they are sort of negotiating with themselves a bit in the public eye. when it comes to sitting down across the table with the president, they will have to get down to brass tacks in a way they didn't before. >> karen finney and jonathan capehart, thank you for joining me tonight. >> thank you, lawrence. >> coming up, breaking news tonight in the investigation of david petraeus, the fbi conducted a search of the home of paula broadwell. we'll have all the breaking news, developments in that case, coming up. ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subaru, a subaru. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national l
look, while they won't say publicly, they all said the political reality is that john boehner is not in the same position to negotiate with the president that he was before. he lost seats. the president won a second term, and the central argument in this campaign was exactly this issue. so they are sort of negotiating with themselves a bit in the public eye. when it comes to sitting down across the table with the president, they will have to get down to brass tacks in a way they didn't before....
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he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw any lines in the sand, i don't believe, and i think we need to work together. >> the ceo of a global asset management firm put the odds at 30 to 40% that the u.s. will fall off the fiscal cliff. let's hope he's wrong. >>> governor john hickenlooper of colorado says don't break out the cheetos or the goldfish, at least not yet, after voters passed a ballot measure legalizing the recreational use of marijuana. that's setting up a looming legal battle with the justice department. we have this statement from the dea. "the drug enforcement administration's enfo
he called house speaker john boehner yesterday. house leaders from both parties conceding tuesday's election was a call to compromise. >> there's an alternative to going over the fiscal cliff. by working together and creating a fairer, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw...
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john boehner initially said, listen, president, it's time fur to lead. that's what you saw in that press conference, the president saying look at the map, look at my victory and get what and, oh, yeah, guess what, i've won. >> we've officially renamed the fiscal cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to call it a cliff because both sides need drama in order to drive the urgency of their position but i'm wondering if at some point the president doesn't soften this as we get into late december and start to say to people, well, on the first week of january, you're going u just going to see a little step. and we will have time to fix it retroactively. >> i think that's probably what you will hear. i think ultimately this is going to be some kind of compromise. the fiscal cliff, it would be about $6 hup billion worth of tax cuts. i think it is going to be softened. there are
john boehner initially said, listen, president, it's time fur to lead. that's what you saw in that press conference, the president saying look at the map, look at my victory and get what and, oh, yeah, guess what, i've won. >> we've officially renamed the fiscal cliff the fiscal curb. it's a little step down and you keep taking the steps so by the time you goat march or april, there's something significant happening but not right away. but there's a tricky thing here. both sides want to...
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john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the rest of 2013 when the economy goes in the garbage dump. republicans are right. bill: two more quick questions on this. >> sure. bill: when these congressional leaders speak, what sort of code words should we be listening for today? >> well i don't know what they would say to each other but on the outside, using the word rates left revenues and that type of stuff are code words especially coming from the president. if he talks about raising revenues and does not insist on it being rates there is a good compromise possible. if he forc
john boehner is pulled by two groups. one he does not want to be obstructionist not to allow tax cuts for lower group to go through and doesn't want tax cuts to go through. he is pulled on that side and by his own party. what i hope is that the vast majority of the republicans hold true and if some of the republicans peel off, i would, that would be fine. if they pushed through obama's bill, but i do not want to see them punished. but the republicans need to have this position for 2014 and the...
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i think john boehner and a few others in the republican party have got to tell eric cantor and paul ryan and michele bachmann and a lot of the tea partiers in that party, if you continue to insist that taxes are not going to be increased on the rich, we are not going to ever gain or regain control of the senate. we're going to lose control of the house in 2014, 2016. we're going to become a permanent minority party because it makes no sense to most americans. >> hit them where it hurts. professor robert reich, thank you. >>> next, how far will the president go in the showdown against john mccain. >>> but first, hampton pearson has the cnbc market wrap. good afternoon. >> good afternoon. we saw stocks move lower again on more wall street fears of going over the fiscal cliff. the dow losing 28 points, the s&p down 2, the nasdaq closing down 9 points. that's it from cbs, first in business worldwide. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, wh
i think john boehner and a few others in the republican party have got to tell eric cantor and paul ryan and michele bachmann and a lot of the tea partiers in that party, if you continue to insist that taxes are not going to be increased on the rich, we are not going to ever gain or regain control of the senate. we're going to lose control of the house in 2014, 2016. we're going to become a permanent minority party because it makes no sense to most americans. >> hit them where it hurts....
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just ask john boehner. >> it's pretty clear that the president was re-elected. obama care is the law of the land. >> it's happening it, and there's nothing they can do about it. right now, states are deciding how to implement a key part of the law. states can either set up exchanges for people to buy insurance or let the federal government do it for them. you think that choice would be easy for republican governors, given how much they hate the federal government. >> we don't like when the federal government comes and shoves things down our throat. >> sadly, the hardest part of my job continues to be this federal government. >> i mean all the states are actually under assault by this federal government. they are under assault by this federal government. >> so dwhae these governors decide? rick perry and his buddies are letting the feds set up their exchanges. they don't want the federal government to have any control over health care. so now they're letting the federal government have more control over health care. these republican politicians have tied themselv
just ask john boehner. >> it's pretty clear that the president was re-elected. obama care is the law of the land. >> it's happening it, and there's nothing they can do about it. right now, states are deciding how to implement a key part of the law. states can either set up exchanges for people to buy insurance or let the federal government do it for them. you think that choice would be easy for republican governors, given how much they hate the federal government. >> we don't...